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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Long-Term Uptrend (+90) - CHFHUF is in a strong uptrend that is likely to continue. While CHFHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CHFHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
341.25402 341.49120 339.99745 340.83000 -0.42402
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since Jul 8th, 2021 at 330.56616

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 325.19968

short term up The short-term trend has been UP since Oct 15th, 2021 at 336.87181

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
341.25402 341.49120 339.99745 340.83000 -0.42402
Prev. Close Volume Bid Ask Time
341.25402 2021-10-22 05:56:31
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